Vancouver, B.C. / ACCESSWIRE / June 24, 2014 / St. Elias Mines Ltd. (SLI-TSX-V) announces that the TSX Venture Exchange (the “Exchange”) has halted the Company’s shares from trading effective June 23, 2014 as a result of the Company having less than three directors and failing to maintain Exchange requirements pursuant to section 5.6 of Exchange Policy 3.1, “Directors, Officers, Other Insiders & Personnel and Corporate Governance.”
In addition, pursuant to Exchange Policy 2.9 section 3.1, which allows for listed companies which have failed to comply with Exchange requirements to be suspended from trading, the Exchange has placed the Company on notice for suspension with a deadline of July 8, 2014 in which time the Company is required to provide a submission to the Exchange evidencing that it has three directors.
For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call 1-888-895-5522 (toll free US and Canada).
ST. ELIAS MINES LTD.
(signed “Lori McClenahan”)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: St. Elias Mines Ltd.